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Explain financial tools that a buyer could use to support a negotiation?

<p>All members are welcome to answer the above questions.</p>

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Question added by Jahabar Sadiq Ifthikar , Senior Procurement Specialist , University of Hafr Al-Batin
Date Posted: 2015/01/12
Nadeem Asghar
by Nadeem Asghar , Supply Chain Consultant/Trainer , Independent Practitioner

There are many financial tools which may be applied in different situations of negotiations:

Undertake risk assessment to prepare for negotiations

SWOT analysis for a negotiation

Evaluate and analyse supplier tenders

Identify and calculate elements of fixed and variable costs to prepare for a negotiation

Different perspectives on fixed and variable costs

Break-Even analysis using marginal costing

Muhammad Rizwan
by Muhammad Rizwan , Executive Procurement (Technical) , FFCL

LME Live, Baltic Index, ICIS, Forex, Rare Earth Forex, etc

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